International Contract

The international contract is a contract that has a foreign element, that is to say that the contract is in contact with one or more order (s) legal (s) abroad (s). Specifically, the foreign element may be resident abroad, a party to the contract, nationality, place of contract conclusion, and many other possibilities.
The commercial contract is a contract for a commercial transaction or a contract made by a trader for the purposes of his trade.
Therefore an international commercial contract is the addition of foreign elements in a commercial contractual relationship. Example is a contract between a French commercial agent to an American entrepreneur. Or it may be a contract between a French company and a provider of electronics in China.

Laws covering trade between businesses in different countries have existed since the law merchant was born in the medieval period. As business has grown across national borders and business relations have deepened, the legal dimension of business has had to follow suit. All commercial transactions across borders exist within the framework of national legal systems.

Contract law: An agreement made between two or more parties who promise to perform or to not perform specified acts, which agreement creates for each party a legal duty and the right to seek a remedy for breach of that duty. It falls under the category of civil law (concerning relations between individuals or companies), although the state courts may intervene to settle dispute between conflicting parties.

In a dispute over a contract the person who has suffered loss (a plaintiff) may bring a claim for money compensation ‘damages’ or a range of other remedies against the defendant governed by the law of the country who carries out performance of the contract, unless specified in the contract.

International contract law concerns the legal rules relating to cross-border agreements. When parties from different countries enter into a contract, they are